Sunday 28 December 2014

My children won't inherit rock fortune, says Sting

Emily Gosden

Published 23/06/2014 | 02:30

Sting with wife Trudie Styler at a fundraising event for the rainforest in 2012. Getty Images
Sting with wife Trudie Styler at a fundraising event for the rainforest in 2012. Getty Images
Trudie Styler and Sting

Sting's children can't expect to inherit his multimillion-pound wealth, the rock star has said, joining the ranks of the super-rich who have claimed that passing on their vast fortunes to their offspring could do more harm than good.

The 62-year-old musician, who is estimated to be worth £180m (€225m) and has three sons and three daughters, said he did not want "to leave them trust funds that are albatrosses round their necks".

"They have to work," he said. "All my kids know that and they rarely ask me for anything, which I appreciate.

"Obviously, if they were in trouble I would help them, but I've never really had to do that.

"They have this work ethic that makes them want to succeed on their own merit."

Commitments

Sting insisted there would in fact not be a huge fortune left for his children, who are aged between 18 and 37.

"I told them there won't be much money left because we are spending it," he said.

"We have a lot of commitments.

"What comes in we spend, and there isn't much left."

Sting, who grew up in working class family in Wallsend on Tyneside, said his hard slog to fame and fortune via playing pubs for £10 a night had built "a resilience and a toughness".

Comparing his route to "overnight stars" of modern pop such as Justin Bieber, he said: "If it had all been handed to me on a plate, I'm not sure I would appreciate it or have survived."

Irish Independent

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